Monday, May 13, 2013

Chapter 7- Business Marketing


            Even though Dunkin' Donuts manufactures their own products, they still need to purchase raw goods with which they use to make their own products which are sold to the customers. Just to make their doughnuts, DD needs to purchase things like flour, sugar, butter etc.; and since the company offers more than doughnuts to it's customers, they need to purchase a lot more than those three ingredients. In order to have a steady supply of raw goods, DD needs to maintain a strong professional strategic alliance with those whom the company does their business with.

            In order to get more customers, Dunkin' Donuts have collaborated with many sports teams, such as the NY Giants, NY Jets, NY Mets and last but not least the NY Yankees. When it comes to their beverages Dunkin' Donuts does their business with Coca Cola Company. That way those of us who enjoys the taste of Coca Cola  drinks, can grab one while they are at DD. Moreover, DD has collaborated with Baskin Robbins, that way both companies gets the benefit of gaining even more customers. For example, recently DD has launched their Mint chocolate chip iced coffee, this flavor will bring in both ice cream lovers and coffee lovers to DD. 


            The reason Dunkin' Donuts company has so much success throughout out the years in because DD focuses on customer satisfaction. The company reaches out to their customers from every angle. Not only will you see a Dunkin' Donuts store a couple of blocks apart in NYC, but DD advertises all over the media, whether it be television, radio or even the Internet. If customers sign up with DD using their e-mail address, then DD sends coupons as well as updates to that customer. In addition, DD is on Facebook, YouTube and even on Twitter. No wonder Dunkin' Donuts have so many loyal customers.

Wednesday, May 1, 2013

Chapter - 8 Segmenting and Targeting Markets


            Dunkin' Donuts primarily targets the areas that are populated, and places where people tends to commute to and from work; so that way, these customers can grab their coffee and/or food and run.



            When Dunkin' Donuts started their company in 1950, their target market was working class men and women of all races, and ages starting from twenty-five years old. Since these customers generally need a little extra boost of coffee to help them get up and get their days started in the morning. 


           
            However as the time progressed, although keeping their timeless selection of coffee and doughnut, DD did update their menu to fit the modern lifestyle and healthy choices of their customers while staying true to their roots and being affordable. If you walk into a Dunkin' Donuts shop today, you will find products for kids starting from ages as early as three years old. DD wants to make sure people of all ages and with different taste buds, can come in to their store and and find something that they like.


            Dunkin' Donuts' also lets their customers know, that you don't have to spend lot of money to eat healthy and enjoy something you like. That is why Dunkin' Donuts positioned the DDSmart, which the company markets as the Better for You Choices that Keeps You Running. This particular line draws in customers who likes to make healthy choices.